Verizon, Halliburton and Kimberly-Clark fall premarket; Lockheed Martin rises

Published 04/22/2025, 07:54 AM
© Reuters.

Investing.com -- U.S. stock futures rose Tuesday, bouncing after the previous session’s sharp selloff as the earnings season kicks into full gear.

Here are some of the biggest premarket U.S. stock movers today:

  • Verizon (NYSE:VZ) stock fell 4.2% after the telecom giant reported that retail phone customers slipped by more than expected, as it backed away from promotions to attract customers to help protect profits.

  • Lockheed Martin (NYSE:LMT) stock rose 3.4% after the defense contractor reported a higher first-quarter profit and reaffirmed its forecasts for the year on the back of resilient demand for its missile systems and fighter jets.
  • GE Aerospace (NYSE:GE) stock rose 3.2% after the aerospace company reported first-quarter earnings and revenue that trumped expectations, driven by demand for parts and services.

  • 3M Company (NYSE:MMM) stock rose 4% after the industrial conglomerate reported first-quarter 2025 results that exceeded analyst expectations, driven by organic sales growth and improved margins.

  • Tesla (NASDAQ:TSLA) stock rose 0.6% ahead of the EV manufacturer’s latest earnings report due after the close, which will kick off earnings for the "Magnificent Seven" group of megacap stocks.

  • Halliburton (NYSE:HAL) stock fell 2.2% after the oilfield services provider posted lower first-quarter profit as a slowdown in drilling activity in North America dampened demand for its services and equipment.

  • Northrop Grumman (NYSE:NOC) stock slumped 9.4% after the aerospace and defense firm slashed its annual profit outlook and missed first-quarter earnings estimates by a wide margin.
  • Kimberly-Clark (NYSE:KMB) stock fell 3.6% after the consumer goods company slashed its annual profit forecast, warning that the broad-based trade tariffs would push up its supply-chain costs.

  • PulteGroup (NYSE:PHM) stock rose 1.5% after the homebuilder’s first-quarter profit and revenue beat estimates, as company incentives helped improve housing demand.

  • Synchrony Financial (NYSE:SYF) stock rose 1.6% after the consumer banking firm reiterated its annual revenue forecast, signaling resilience despite economic uncertainties.

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